Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609967
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹2,23,00,000
EMD:₹22,30,000
Bid Increment:₹10,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a SARFAESI auction conducted by the State Bank of India for a residential plot located in Hapur, Uttar Pradesh. The property is situated in the Hapur area and was formerly associated with the borrower M/s Ascon Dairy Pvt Ltd. This is a prime opportunity to acquire a plot in a developing region. The auction aims to recover dues, offering a chance for interested parties to bid on this asset.
State:Uttar Pradesh
City:Hapur
Area:Hapur
Asset Category:Residential
Full Address:Khasra no. 34 & 39, village Shahpur Jatt Pargana, Tehsil and Dist Hapur, Uttar Pradesh, Shahpur Jatt, Hapur
Size:2846 sq mtrs
Auction Description
The State Bank of India is holding a SARFAESI auction for a residential plot in Hapur, Uttar Pradesh. The auction will commence on November 14, 2025, at 11:00 AM and conclude on the same day at 04:00 PM. The reserve price for this auction is ₹2,23,00,000, with an Earnest Money Deposit (EMD) of ₹22,30,000 required to participate. This auction presents a direct opportunity to acquire a plot through a transparent, bank-led process.
Borrower Name:M/s Ascon Dairy Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Ankur Bhati, Sh. Dinesh Tiwary
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property is a commercial plot in Hapur, presenting a calculated opportunity. While the location is decent, the reserve price is relatively high. Prospective buyers should carefully assess the market value and growth potential before bidding, considering the auction terms and EMD.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Shreyasi Mohapatra
Contact no:9717943888
